Juniper networks backdating


We successfully argued that the challenged transactions were exempt from the relevant short swing statute (Section 16(b) of the Securities Exchange Act of 1934) because the grants had been properly approved by the Compensation Committee.

The plaintiff appealed to the Ninth Circuit but subsequently agreed to dismiss the appeal. C.): We represented Pozen and several of its officers and directors in a class action alleging that the non-disclosure of certain in vitro, or pre-clinical, drug study results misled investors as to the FDA's timetable for approving the company's drug application.

Sclavos, 46, joined Veri Sign as its first chief executive months after it spun off from RSA, but was not one of the founders.

“It remains unclear as to what necessitated the change at the top,” Stifel Nicolaus analyst Todd Weller wrote in a research note released Tuesday.Perhaps the best evidence of our preeminence in securities litigation comes from our client base, which consists of Fortune 500 companies as well as numerous smaller, development-stage companies.Our expertise is applied in a wide range of situations, such as announcing the failure to meet previously issued revenue projections to investigating circumstances that might necessitate a restatement of financial results.The district court dismissed the complaint, holding that the challenged statements were accurate in the context of everything the company had told the market and, in any event, the plaintiffs had failed to adequately plead scienter. The plaintiffs alleged that Redback "bought" revenues from its customers through bribery and quid pro quo arrangements, which caused Redback's financial pictures to look better than they would have had Redback reported only "legitimate" revenues.The Ninth Circuit affirmed the dismissal with prejudice of the plaintiffs' fifth amended complaint, on the grounds that after multiple attempts to state a claim, the plaintiffs failed to plead loss causation.The Santa Monica, Calif., videogame company said on July 28 that the SEC has asked the company for documents related to its stock-option grants as part of an informal inquiry.

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